Changes to Powerball Include Starting Jackpot and Minimum Jackpot Roll Increase
An announcement has been made by the Gregory Mineo, Powerball Product Group Chairman and Maine Lottery Director, that as soon as the next grand prize jackpot is won, the Powerball is to change. The starting jackpot will reset to a guaranteed sum of $20m (annuity) with a minimum roll increase of $2m between each drawing. The changes were made to ensure the game continues to support good causes across all 48 US lottery jurisdictions.
“Powerball players in many U.S. lottery jurisdictions are under shelter-in-place orders or recommendations from their governors or mayors, which have affected normal consumer behaviors,” said Gregory Mineo, Powerball Product Group Chairman, and Maine Lottery Director. “Just like other enterprises around the world that are making adjustments, we are making proactive changes to continue to offer the world’s premier lottery product.”
The odds of hitting the Powerball jackpot are 292,201,388 to 1. A single $2 ticket has about a 1 in 11,688,053 chance of matching all five numbers to win at least $1 million, while there’s about a 1 in 913,129 chance at winning the third prize of at least $50,000.
Powerball numbers for Saturday, March 28th draw were: 07, 40, 48, 55, 66 – Powerball was 11 and Power Play was 2x. The jackpot for this draw was $160m or $122.4m in cash.